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Tallinna Sadam, Alexela to work on Paldiski LNG terminal
News

Tallinna Sadam, Alexela to work on Paldiski LNG terminal

Tallinna Sadam and its Estonian compatriot Alexela Invest signed a memorandum of understanding to assess the potential of developing an LNG terminal in Paldiski.

about 8 years ago
VesselsValue: 44 Pct of 2018 Orderbook Yet to Be Delivered
News

VesselsValue: 44 Pct of 2018 Orderbook Yet to Be Delivered

Out of 1,966 vessels scheduled for delivery in 2018, only 1,100 have hit the water so far this year.

about 8 years ago
Marine seismic players optimistic about 2019 as oil firms’ exploration budgets ‘likely to increase’
News

Marine seismic players optimistic about 2019 as oil firms’ exploration budgets ‘likely to increase’

Oslo-listed marine seismic data providers TGS and Polarcus are hoping 2019 will be a year of a more significant recovery for seismic players, as they expect the oil and gas companies to boost their exploration budgets on the back of higher oil prices.

about 8 years ago
Court Orders JES’ Shipbuilding Business to Be Wound Up
News

Court Orders JES’ Shipbuilding Business to Be Wound Up

Shipbuilding subsidiaries of the Chinese group JES International Holdings Limited to cease operation.

about 8 years ago
China’s Zhenhua buys 1st LNG cargo from Chevron
News

China’s Zhenhua buys 1st LNG cargo from Chevron

China’s Zhenhua Oil, a unit of Chinese defense conglomerate Norinco, has purchased its first liquefied natural gas (LNG) cargo from energy giant Chevron. The cargo, discharged at CNOOC’s Yuedong LNG terminal in Shenzhen, was sourced from the Australian Gorgon project operated by Chevron, according t

about 8 years ago
Borkum Riffgrund 2 Nears Finish Line
News

Borkum Riffgrund 2 Nears Finish Line

Ørsted is expecting a faster ramp-up of generation from the 450MW Borkum Riffgrund 2 offshore wind farm due to good progress on offshore construction which will be completed in the fourth quarter of 2018.

about 8 years ago
Shell third-quarter profit rockets, share buyback continues
News

Shell third-quarter profit rockets, share buyback continues

The Hague-based LNG giant Shell produced ‘one of the strongest-ever quarters’ during the three months ending September 30, as realized prices rose across the board.

about 8 years ago
Over a Quarter of Sailors Seeking Help Affected by Piracy
News

Over a Quarter of Sailors Seeking Help Affected by Piracy

Sailors’ Society: More than a quarter of seafarers seeking crisis response are affected by piracy.

about 8 years ago
Flex LNG names new CFO
News

Flex LNG names new CFO

Flex LNG, an emerging player in the LNG shipping business, appointed Harald Gurvin as a chief financial officer of Flex LNG Management, the main management company of the Flex LNG group.

about 8 years ago
Shell’s Q3 LNG sales rise
News

Shell’s Q3 LNG sales rise

The Hague-based LNG giant Shell on Thursday reported a 2 percent increase in its liquefied natural gas sales in the third quarter. Shell sold 17.27 million tonnes of the chilled fuel in the third quarter as compared to 16.97 million tonnes in the same quarter in 2017. In the January-September period

about 8 years ago
Polarcus in 3D seismic shoot in West Africa
News

Polarcus in 3D seismic shoot in West Africa

Seismic specialist Polarcus has won a contract to carry out a 3D marine seismic acquisition project offshore Africa.

about 8 years ago
Vitol-led consortium buys Petrobras’ Nigerian assets for $1.4B
News

Vitol-led consortium buys Petrobras’ Nigerian assets for $1.4B

A Vitol-led consortium has agreed to acquire a Petrobras’ offshore fields in Nigeria for $1.407 billion. The consortium buying the stake is comprised of Vitol, Africa Oil, and Delonex.

about 8 years ago
Malaysia’s Petronas completes 1st Pengerang LNG bunkering operation
News

Malaysia’s Petronas completes 1st Pengerang LNG bunkering operation

Malaysian energy giant Petronas said on Thursday it has completed its first liquefied natural gas (LNG) supply operation at its Pengerang regasification terminal in Johor. Petronas LNG, a unit of Petronas, supplied the cargo to Babcock Schulte’s 7,500 cubic meter LNG bunkering vessel Kairos. This fo

about 8 years ago
Australia: New offshore exploration permits could see $530M investment over 6 years
News

Australia: New offshore exploration permits could see $530M investment over 6 years

The Australian Government has awarded seven permits as part of the 2017 Offshore Petroleum Exploration Acreage Release.

about 8 years ago
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